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Abraxas Capital withdraws $297M in ETH, signaling a bullish market shift

Micah Zimmerman
May 11, 2025
abraxas-capital-withdraws-$297m-in-eth,-signaling-a-bullish-market-shift
Abraxas Capital withdraws $297M in ETH, signaling a bullish market shift
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Abraxas Capital has withdrawn 138,511 ETH, worth $297 million, from centralized exchanges over the past two days. According to data from Lookonchain, the London-based asset management firm’s activity coincides with a sharp surge in Ethereum’s (ETH) price, which jumped over…

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